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2024 data HMDA 2024 disclosure official source

Saratoga County

7,733 mortgage applications, 16.7% denial rate. Verify FIPS 36091 with U.S. Census Bureau →

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New York · FIPS 36091

Local mortgage market. Saratoga County, New York saw 7,733 HMDA-reported mortgage applications in 2024. Lenders originated 4,479 of those loans and denied 1,292, producing a denial rate of 16.7% and an approval (origination) rate of 57.9%. The average loan amount was $250,733 at an average note rate of 6.88%, with applicants self-reporting average annual income of $36K. 173 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.0x, meaning typical borrowers took on mortgages of about 7.0 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 36091 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

7,733
Applications
4,479
Originated
16.7%
Denial Rate
57.9%
Approval Rate
$250,733
Avg Loan Amount
6.88%
Avg Interest Rate
$36K
Avg Applicant Income
7.0x
Loan-to-Income Ratio

Nearby Lenders in Saratoga County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Broadview Federal Credit Union 648 14.5%
2 Sefcu Services LLC 460 10.3%
3 Homestead Funding Corp. 344 7.7%
4 Trustco Bank 313 7.0%
5 Saratoga National Bank 249 5.6%
Compare Broadview Federal Credit Union vs Sefcu Services LLC →

Frequently Asked Questions

How many mortgage applications were filed in Saratoga County?
In the 2024 HMDA reporting year, 7,733 mortgage applications were filed in Saratoga County, New York. Of these, 4,479 were originated (approved and funded), while 1,292 were denied, resulting in a denial rate of 16.7%.
What is the mortgage denial rate in Saratoga County?
The mortgage denial rate in Saratoga County is 16.7%. The approval (origination) rate is 57.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Saratoga County?
The average mortgage loan amount in Saratoga County is $250,733. The average interest rate is 6.885%. The average applicant income is $36K.
What is the loan-to-income ratio in Saratoga County?
The average loan-to-income ratio in Saratoga County is 7.0x, meaning borrowers took on loans averaging 7.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Saratoga County?
The top mortgage lenders in Saratoga County by origination volume are Broadview Federal Credit Union, Sefcu Services LLC, Homestead Funding Corp.. In total, 173 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.